26-044-RFP_-_Proposal_Bond_-_Attachment_5.pdf
PDF 120 KB Posted
- Attached to
- Ramp Tower Services
- Solicitation number
- 26-044-RFP
- Issued by
- Bell County, Kentucky
About this file
This is a Proposal Bond Attachment document for the Kenton County Airport Board (KCAB) related to a Ramp Tower Services contract opportunity at Cincinnati/Northern Kentucky International Airport (CVG). The RFP process includes a pre-proposal meeting and site visit scheduled for Thursday, August 13, 2026 at 10:00 am at CVG Airport Terminal, 3087 Terminal Drive, Hebron, Kentucky. Questions from potential bidders must be submitted by 11:59 pm on Thursday, August 20, 2026, with answers to be posted no later than Thursday, August 27, 2026 at 11:59 pm. Proposals are due by Thursday, September 3, 2026 at 2:00 pm, with no proposals accepted after that deadline unless extended by KCAB through an official addendum.
The proposal bond attachment establishes the financial security requirements for bidders submitting proposals in response to this RFP. This document specifies the conditions under which the bond will be forfeited or released, protecting the KCAB's interests during the procurement process. The bond serves as assurance that the successful bidder will execute the contract according to its terms and conditions. Bidders must comply with all bonding requirements outlined in this attachment as part of their proposal submission.
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Text version
KENTON COUNTY AIRPORT BOARD CINCINNATI/NORTHERN KY INTERNATIONAL AIRPORT
26-044-RFP Ramp Tower Services
PROPOSAL BOND
KNOW ALL MEN BY THESE PRESENTS: That we, the undersigned bidder _____________________________, as Principal, and ____________________________, as a Corporation Surety authorized under the laws of the Commonwealth of Kentucky, and authorized to write this type of bond through a resident agent of the corporation located in the State of ___________________, as surety, are held and firmly bound unto the Kenton County Airport Board in the sum of _______________________________________ Dollars ($_____________) for the payment of which, well and truly to be made, we hereby jointly and severally bind ourselves and our heirs, executors, administrators, successors, and assigns.
The condition of the above obligation is such that if the attached proposal of ___________________________________________ for the improvement of airport facilities stipulated in said proposal in accordance with the Plans and Specifications provided therefore, is accepted and the Contract awarded to the above named Bidder, and the said Bidder shall within 10 days after notice of said award enter into a Contract in writing and furnish the required Payment and Performance Bonds with surety, or sureties, to be approved by the Kenton County Airport Board this obligation shall be void. Otherwise, the same shall be in full force and virtue of law, and the full amount of this Proposal Bond will be paid to the Kenton County Airport Board as stipulated for liquidated damages.
Signed this ________ day of ______________________, 20____.
(PRINCIPAL MUST INDICATE WHETHER
CORPORATION, PARTNERSHIP, COMPANY,
OR INDIVIDUAL)
Principal (Seal)
THIS PERSON SIGNING SHALL IN HIS/HER
OWN HANDWRITING SIGN THE PRINCIPAL'S BY:
NAME AND TITLE. BY WHERE THE
PERSON SIGNING FOR A CORPORATION IS
OTHER THAN THE PRESIDENT OR VICE (Name and Title)
PRESIDENT, HE/SHE MUST, BY AFFIDAVIT AS
CONTAINED HEREIN, SHOW AUTHORITY ____
TO BIND THE CORPORATION. Surety (Seal)
(Name and Title)
PROPOSAL BOND
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